tintory@lemm.ee to politics @lemmy.world · 1 year agoMassachusetts Has a Huge Waitlist for State-Funded Housing. So Why Are 2,300 Units Vacant?www.propublica.orgexternal-linkmessage-square24fedilinkarrow-up1256arrow-down12cross-posted to: politics@beehaw.org
arrow-up1254arrow-down1external-linkMassachusetts Has a Huge Waitlist for State-Funded Housing. So Why Are 2,300 Units Vacant?www.propublica.orgtintory@lemm.ee to politics @lemmy.world · 1 year agomessage-square24fedilinkcross-posted to: politics@beehaw.org
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up2arrow-down1·1 year agoLandlords won’t increase rent just because their costs go up. If they could increase rent now, they absolutely would. It has nothing to do with costs. If they could increase rent now, but aren’t, they’re shit at their job.
minus-squaretrailing9linkfedilinkarrow-up1·1 year agoLandlords can increase as long as renters are able to pay more. If you remove the broker fees then there is room for higher rents.
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up1·1 year agoAs long as renters ‘are willing’ to pay more. It will take time for the market to adjust. While that happens people win out.
minus-squaretrailing9linkfedilinkarrow-up1·1 year agoIf you rent for 20 month, and pay one month as fee, you save 5%. How much over construction costs do landlords rent out their property? If rent can go down much more than 5% I wouldn’t focus energy on it but on other means to reduce rent.
Landlords won’t increase rent just because their costs go up. If they could increase rent now, they absolutely would. It has nothing to do with costs.
If they could increase rent now, but aren’t, they’re shit at their job.
Landlords can increase as long as renters are able to pay more. If you remove the broker fees then there is room for higher rents.
As long as renters ‘are willing’ to pay more. It will take time for the market to adjust. While that happens people win out.
If you rent for 20 month, and pay one month as fee, you save 5%.
How much over construction costs do landlords rent out their property?
If rent can go down much more than 5% I wouldn’t focus energy on it but on other means to reduce rent.